Meaning of DISCOUNT in English

DISCOUNT

n. & v.

--n.

1. a deduction from a bill or amount due given esp. in consideration of prompt or advance payment or to a special class of buyers.

2 a deduction from the amount of a bill of exchange etc. by a person who gives value for it before it is due.

3 the act or an instance of discounting.

--v.tr.

1. disregard as being unreliable or unimportant (discounted his story).

2 reduce the effect of (an event etc.) by previous action.

3 detract from; lessen; deduct (esp. an amount from a bill etc.).

4 give or get the present worth of (a bill not yet due).

Phrases and idioms:

at a discount

1. below the nominal or usual price (cf. PREMIUM).

2 not in demand; depreciated.

discount house

1. Brit. a firm that discounts bills.

2 US discount store. discount rate US the minimum lending rate. discount store esp. US a shop etc. that sells goods at less than the normal retail price.

Derivatives:

discountable adj. discounter n.

Etymology: obs. F descompte, -conte, descompter or It. (di)scontare (as DIS-, COUNT(1))

Oxford English vocab.      Оксфордский английский словарь.